Sentences with phrase «guaranteed value of the annuity»

Not exact matches

While the value of underlying subaccounts of variable annuities fell through the floor like everything else in the market in 2008, the guaranteed income withdrawal rate (not to be confused with the rate of return of the investment portfolio) did not.

Investing in a variable annuity involves risk of loss — investment returns and contract value are not guaranteed and will fluctuate.

With Choice Accumulation, you can't experience market - based losses, regardless of market performance.1 This fixed index annuity also includes a Guaranteed Minimum Accumulation Value (GMAV) feature.

With ForeAccumulation, you can't experience market - based losses, regardless of market performance.1 This fixed index annuity also includes a Guaranteed Minimum Accumulation Value (GMAV) feature.2

The result is that you have many products that are called annuities — all with at least the option to create a lifetime stream of income — with very different guarantees and value propositions.

ForeAccumulation fixed index annuity offers the traditional protection of a fixed index annuity along with an earnings opportunity through an accumulation feature known as a Guaranteed Minimum Accumulation Value (GMAV).7

With ForeAccumulation, you can't experience market - based losses, regardless of market performance.1 This fixed index annuity also includes a Guaranteed Minimum Accumulation Value (GMAV) feature.2

Choice Accumulation fixed index annuity offers the features of a traditional fixed index annuity and also includes a Guaranteed Minimum Accumulation Value (GMAV).

ForeAccumulation fixed index annuity includes a Guaranteed Minimum Accumulation Value (GMAV).2 This value has the potential to increase your contract value at the earlier of the first owner's death or at the end of the chosen withdrawal charge period, assuming no withdrawals have been tValue (GMAV).2 This value has the potential to increase your contract value at the earlier of the first owner's death or at the end of the chosen withdrawal charge period, assuming no withdrawals have been tvalue has the potential to increase your contract value at the earlier of the first owner's death or at the end of the chosen withdrawal charge period, assuming no withdrawals have been tvalue at the earlier of the first owner's death or at the end of the chosen withdrawal charge period, assuming no withdrawals have been taken.

For example, a deferred variable annuity may guarantee that your beneficiary will receive at least the amount of your original principal if you die, even if the value of the annuity has declined due to poor performance of the subaccounts you selected.

Naked option NASD NASDAQ National Association of Securities Dealers National exchanges National Market System National Medallion Signature Guarantee National Securities Clearing Cooperation (NSCC) National securities exchange NAV Negotiable Negotiated market Negotiated underwriting Net Asset Value Net capital Net capital ratio Net interest cost Net investment income Net revenue pledge Net proceeds Net worth New issue Nine - bond rule NMS No - load fund Nominal quote Nominal yield Non-cumulative Nonparticipating preferred stock Nonrecourse loan Non-systematic risk Non-tax-qualified annuity Notice of public offering Notice of sale NYSE NYSE Composite Index

Variable annuities were introduced in the 1950's as an alternative to fixed index annuities which offer a guaranteed contractual rate of interest in terms of the cash value growth of the account, similar to dividend paying whole life insurance.

Sixty - one percent of people age 55 to 75 place a high value on having guaranteed income to supplement Social Security.2 For some people, annuities can be a valuable addition to a portfolio that includes Social Security, retirement savings, and other investments, because they can add an element of protection and guaranteed income.

Your annuity values are guaranteed by contract and protected by the financial strength of Liberty Bankers Life.

Depending on the type of annuity, this is done by guaranteeing a minimum annual return or minimum level of income, regardless of market performance, or by cushioning the account value from a portion of market declines.

A PerspectiveSM variable annuity includes a standard death benefit equal to the contract value on the date of the claim and does not include any additional guarantees.

We also discuss the value of an income annuity, and highlight a study by Morningstar on the impact of guaranteed income on safe withdrawal rates from portfolios.

In addition, some index - linked annuities provide opportunities to protect a portion of the annuity's account value, while variable annuities with a guaranteed withdrawal benefit feature can protect the amount of a person's future income.

If you know how much you plan to invest each year and the fixed rate of return your annuity guarantees — or, for loans, the amount of your payments and the given interest rate — you can easily determine the value of your account at any point in the future.

At the beginning of the index term that follows the end of the Marketing Value Adjustment (MVA) period, the annuity fund value is assured to reach the guaranteed minimum accumulation value, which is 105 %, 107 % and 110 % of original premium (net of withdrawals and applicable surrender charges) for the ISA 5, ISA 7 and ISA 10 respectiValue Adjustment (MVA) period, the annuity fund value is assured to reach the guaranteed minimum accumulation value, which is 105 %, 107 % and 110 % of original premium (net of withdrawals and applicable surrender charges) for the ISA 5, ISA 7 and ISA 10 respectivalue is assured to reach the guaranteed minimum accumulation value, which is 105 %, 107 % and 110 % of original premium (net of withdrawals and applicable surrender charges) for the ISA 5, ISA 7 and ISA 10 respectivalue, which is 105 %, 107 % and 110 % of original premium (net of withdrawals and applicable surrender charges) for the ISA 5, ISA 7 and ISA 10 respectively.

Investing in a variable annuity involves risk of loss — investment returns and contract value are not guaranteed and will fluctuate.

This fixed index annuity offers the same traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, flexible retirement income options, and tax - deferred * earnings, but has the added feature of a 2.5 % or 5 % bonus to give your contract value an instant boost.

If you own a variable annuity and think your principal is protected just call the customer service number of your variable annuity company and ask them «Is my account value guaranteed or protected from loss?»

So to summarize, in my opinion variable annuities could have fees in access of 4 percent, your principal is not guaranteed and if the market drops your account value will most likely drop with it.

GOLD SERIES SAGE CHOICE SINGLE PREMIUM DEFERRED ANNUITY — PRODUCT OVERVIEW 6 Year Single Premium Deferred Annuity Issue Ages: 15 days — 90 years (age last birthday) Minimum Premium — $ 2,000 Maximum Premium — $ 500,000 per Owner Free Withdrawal Provision («Bailout Feature»): Included in the Contract Guaranteed Minimum Interest Rate: 2 % for the first 10 years and 3 % thereafter Contract Loan — Not Available for this product Free - Look Period — 30 days Death Benefit: Accumulation Value on the date of the Owner's death.

Among the issues you'll need to consider as you create an income plan: How much you'll receive from Social Security and whether you should you consider delaying claiming your Social Security benefit to boost the size of your check; how much of your nest egg's value can you withdraw each year without incurring too big a risk of running out of money before you run out of time; and whether you should devote a portion of your savings to an immediate annuity or a longevity annuity, so you'll have a another source of guaranteed lifetime income in addition to Social Security.

The value of your annuity also never drop below a guaranteed minimum.

And because any growth in your annuity value is generally not taxed until you take money out of the contract, the combination of tax deferral and the ability to establish guaranteed income can be an effective way to plan for retirement and other long term goals.

This could be less than half of what you expected if you annuitize an annuity (trade the market value for a stream of guaranteed lifetime income).

This contrasts with a fixed deferred annuity, which earns a fixed, guaranteed rate of return on cash values.

This guarantees that, should the investor die during the accumulation phase of the variable annuity, the account owner's beneficiary will receive at least the amount of the investor's contributions minus withdrawals or the current market value of the account.

Annuity, Fixed Deferred An annuity that earns a fixed, guaranteed rate of return on cash values.

The fee structure in broker sold variable annuities such as the one in the analysis above is such that it diminishes the value of the guarantees the products are supposed to provide.

Your annuity values are guaranteed by contract and protected by the financial strength of Liberty Bankers Life.

Guarantees and protections offered by fixed and market value adjusted annuities are subject to the claims paying ability of the issuing insurance company.

And because any growth in your annuity value is generally not taxed until you take money out of the contract, the combination of tax deferral and the ability to establish guaranteed income can be an effective way to plan for retirement and other long term goals.

A primary benefit of using an annuity as part of your retirement planning strategy is the creation of a stream of guaranteed payments when contract value is exchanged for them.

They allow you to convert a lump sum of money into guaranteed income for the rest of your life, or to invest over time and later convert the annuity contract's value into guaranteed income payments.

GOLD SERIES SAGE CHOICE SINGLE PREMIUM DEFERRED ANNUITY — PRODUCT OVERVIEW 6 Year Single Premium Deferred Annuity Issue Ages: 15 days — 90 years (age last birthday) Minimum Premium — $ 2,000 Maximum Premium — $ 500,000 per Owner Free Withdrawal Provision («Bailout Feature»): Included in the Contract Guaranteed Minimum Interest Rate: 2 % for the first 10 years and 3 % thereafter Contract Loan — Not Available for this product Free - Look Period — 30 days Death Benefit: Accumulation Value on the date of the Owner's death.

Biffis and Millossovich (2006) analyzed the value of being able to convert a deferred annuity into a life annuity at guaranteed rates.

Some of these features include access to the funds if the owner is confined to a nursing home, 10 % to 20 % free withdrawals each year for any reason, increased value as a death benefit, and higher interest earning guarantees while taking a fixed income stream that includes the ability to stop at any time and continue the annuity.

Most, though not all, states will protect you from the insolvency of an annuity provider through «guarantee associations» or «guarantee funds» but there are limits to that protection — in most states a limit of $ 100,000 for the current value of the annuity, or $ 300,000 in total lifetime benefits.

Additional riders can also be added to variable annuities which will provide either a protection of the investment value or even a minimum guaranteed rate of return if certain allocation standards are met.

For example, an annuity company's GMIB might guarantee that if the contract owner chooses annuitization, the income will be based on the greater of the account value or the GMIB benefit base, which is equal to your investment accumulated at 5 % annually.

Scenario A: Amar Survives the Policy Term On vesting / maturity, Amar has 2 options: Option I: Commute up to 1 / 3rd of the Fund Value and purchase annuity guaranteed for the lifetime from the balance amount.